PT MNC Investama Tbk : Corporate Update September 2020

CORPORATE UPDATE

PT MNC Investama Tbk

September 2020

Listed & traded on the Indonesia Stock Exchange (IDX)	www.mncgroup.com
IDX Ticker Code: BHIT

1. Corporate Overview
2. Media
3. Financial Services
4. Entertainment, Lifestyle Property & Hospitality
5. Corporate Financial Highlights

MNC Investama Key Investment Highlights

• Indonesia has a strong economic growth with GDP over $1trillion and rising middle class.
• The three businesses (Media, Financial Services and Entertainment, Lifestyle Property & Hospitality) are positively correlated with Indonesia's large growing population with a majority of young people.
• Benefiting from the Group's integrated Media position being the largest in South East Asia in FTA television, content, social media and news portal.

MNC Media

Content & Advertising Based Media

• Four National FTA with the largest audience share of 40%, ad- spend share of 45%. Launched RCTI+, a streaming (OTT) service.
• Strong growth in digital advertising revenue and Non Time Consuming Ads (NTC Ads).
• The Largest Library with more than 300K hours, with the largest content production of 23K hours yearly, supported by state-of-the-art studio technology & facilities.
• The Largest Talent Management with close to 400 talents under management with 5 + 5 years option to extend.
• Started MCN (Multi Channel Network) on YouTube in August 2019 and generating 1.63billion views and 11million subscribers in just a month. Including MNCN Channels on YouTube, the total number of views reached 24.1billion in a 12 month span (FY2019), with 101 million subs by the end of August 2020.
• Owning the largest sites called Okezone (#1 above Google #2) and Sindonews (#6) based on Alexa measurement. Okezone has more than 20 million UV daily and is ranked #24 globally.

Subscription Based Media & Broadband

• #1 marketpositionin Pay TV with more than 16 exclusivein-housechannels and thousandsof VOD.
• The mostintegratedPay TV Group offeringpremiumDTH service (S-Band), reguler DTH service (KU-Band), IPTV, Broadband and OTT services.

MNC Financial

Services

• Integrated financial services group with full licenses from banking, consumer finance, leasing, securities, asset management, general and life insurance, fintech, and payment gateaway.
• Strong synergies within MNC Group ecosystem Including cross selling and cross promotion.
• Expanding into digital financial services in all units. Launched SPIN (Smart Payment Indonesia), offering e- money, e-wallet, digital remittance soon will tap into peer-to-peer lending.

MNC Land

• Huge landbank in strategic location to be developed as entertainment, lifestyle property & hospitality in Lido.
• Owns several hotels, including Westin Resort Bali, and close to 400,000sqm GFA office space.
• Currently developing iconic projects, including:
• • Park Hyatt Jakarta.
  • Trump International Resorts in Lido and Bali.
  • The only international standard theme park facilities in Indonesia
• The assets book value, including the landbank is well below the market value.
• Expanding into co-working, co- living and co-retail business.

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Corporate Structure

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1. Corporate Overview
2. Media
3. Financial Services
4. Entertainment, Lifestyle Property & Hospitality
5. Corporate Financial Highlights

The Largest Integrated Media Company in Southeast Asia

*As of June 2020

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The Largest Audience Share & FTA TV Advertising Market Share

MNCN Audience Share 2008 - 2020

Source : Nielsen (Q2-2020)

Indonesia FTA TV Advertising Market Share

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TV Advertising Revenue

• Conventional TVC (15" and 30") during commercial break
• Creative ads/ Non Time Consuming ads
• Equity Link (Air time and Content Library)
• QRIS Advertising
• Localized RTX* & Geo-tagging TVC*
• Digital Ads : Digital Broadcast, Social Media (including Library, original content, and MCN), News Portal, and RCTI+

*will be launched soon

Conventional TVC			Built-In Advertising

Virtual Advertising			Squeezed Frame Advertising

Super Impose

RTX

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Now TV Can Be a Shopping Marketplace

With standardized QRIS, consumer can buy the products from various payment Apps.

1. Discount or Cashback for SPIN users

2. Seamless in Apps experience

3. Control the traffic end to end

4. Enriched data base and analytics for MNC Group

Note:

• Business model for FTA/OTT: receive ads revenue and revenue share from transaction
• As an acquirer, SPIN receives 0.7% Merchant Discount Rate (MDR) for every transaction
• Even when using other payment App, we still receive 39% (of MDR)

9

Content Revenue

CONTENT PRODUCTION	CONTENT LIBRARY LICENSING
(group & non-group)	(FTA, DTH Pay TV, IPTV, Mobile/Streaming, OTT)
• Content produced in-house include	•	Produces around 23,000 hours of content
Drama, Talent Search, Animation,		annually.
Sitcom, Movie, Reality, Infotainment,	•	Owns more than 300,000 hours of content library
Variety, Talk Show, News.			• 90%+ of pay Channel content is
	with breakdown of 60% nonsourcedNewsfromandthe40%libraryNews&
		content.	original content produced in-
			house.
			• Owns 16 Pay Channels with
			various genres.

Drama, Talent Search, Animation, Sitcom, Movie

More than 80%

More than 80%

*Generating highest revenue per one hour broadcast

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Star Media Nusantara: Talent Management

• The biggest talent management company in Indonesia with more than 380 talents with various background under exclusive contract (5 years + 5 years).
• The Company manages national talent to perform in TV shows (group or non group), radios, off air events and OOH/TV commercial, live chat on RCTI+, and content creators on MCN.
• There is a revenue split between talent and the Company for all bookings, including endorsements on their respective social media platforms.

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Number One YouTube TV Views & Subscribers in Indonesia

MNC Media vs Competitors	MNC Media vs Competitors
Views (In Billion)	Subscribers

Source : MNC Research, FY-2019

Source : MNC Research, August 2020

MNCN Nationwide Youtube	4,73 %	2,19%	2,50%
market share:
Views	Subscribers	Video Uploads
Note: Data for Youtube Indonesia

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Star Hits - Leading Digital Network

Source of Revenue from Youtube 3

MCN (12 month span):

• 47.7mn subscribers
• 4.3bn views

MCN + Non - MCN

• 101mn subscribers (as of August 2020)
• 24.1bn views (FY - 2019)

• Star Hits is a digital network that develops content creators, talent or influencers, to cooperate with the brand and to create the ecosystem that are connected in the content.
• Owns various channels under star hits family brand, which focuses on various different genres.
• Currently, Star Hits also coordinates all of MNC Group's channels in all social medias.
• Star Hits started its MCN (Multi-Channel Network) operation in August 2019.

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MNC Group "General & News Portal" #1 and #6 in Indonesia

RANKS | Top Indonesian Sites

1.	Okezone.com		11.	Bukalapak.com
			12.	Suara.com
2.	Google.com
			13.	Brilio.net
3.	Tribunnews.com
			14.	Kumparan.com
4.	Youtube.com
5.	Grid.id		15.	Idntimes.com
6.	Sindonews.com		16.	Merdeka.com
			17.	Google.co.id
7.	Kompas.com
			18.	Yahoo.com
8.	Detik.com
			19.	Jpnn.com
9.	Liputan6.com
10.	Tokopedia.com		20.	Blogspot.com

*Update 1 August 2020

Note : For News portal, Okezone.com is ranked #1 (20mn daily UV) and Sindonews.com #6

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OTT Media Services -

1. Video Streaming

• LiveTV, catch up TV, and FTA programs - current and library
• Fresh extended content and FTA unaired content (bloopers and behind the scene)
• Creative content: Quiz, reward system, original short, mid, & long form content, voting, and chats with MNC talents

4. Talent Search - UGC

• Video sharing experience
• Exclusive content upload from the library in short and medium form and content similar those uploaded on YouTube
• Talent search competition - facilitate user to unlock their potential to the world through online competition

2. News Aggregator

• Integration of MNCN news platforms into RCTI+
• Top 20 articles from different categories derived from MNCN general and news portal
• Cooperation with portal aggregator

3. Audio Aggregator

• Radio Aggregator - All radio stations available digitally on the app with a choice of channels from various genres, years and mood selections
• Music radio playlist podcast content, and UGC podcast

5. Games Aggregator

• Provides access to new and exciting games content
• A constantly expanding content offering

Fact Sheet:

1. Established in August 2019.
2. Running on Advertising VOD model.
3. MAU: More than 10 million (as of July 2020).
4. Average viewing duration: 86 minutes.
5. Revenue projection for 2020: $25-30 mio.
6. Ads generation: independent and FTA bundle.

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Drama Production - Response to Covid-19"semi-lockdown"

Drama Production Set Up

@ MNC Studios, Kebon Jeruk

Outdoor Set - "Orang Miskin Baru"

Indoor Set - "Tukang Ojek Pengkolan"

Indoor Set - "Dunia Terbalik"

Indoor Set - "Amanah Wali 4"

Outdoor Set - "Memet"

Indoor Set - "Jaka Tingkir"

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PT MNC Vision Networks Tbk - The Most Integrated Subscription Platform with Content Superiority

* As of June 2020

66.83%	33.17%

•	Over 90%		•	DTH KU-Band		•	Provides high		•	Distribution
	market share			for cost efficient			speed FTTH			through MNC
	with 2.1m			services,			broadband and			Vision, MNC
	subscribers.			capturing mass			interactive IPTV			Play, digital
•	DTH S-band			market			services.			channel (e-
		segment.						commerce), and
	(2.520 - 2.670				•	3rd largest
							retail
	Ghz) for		•	Acquires 9,000-			broadband with
						dealership.
	extensive			10,000 new			1.5 mio home
	nationwide			subscribers on a			pass and close		•	Selling Play Box
	coverage.			daily basis.			to 300,000			using 3rd party
•	Hidden		•	Currently sitting			subs.			broadband
						network.
	treasure: 5G			with more than		•	Distribute
	and LTE			3.8 mio			Android TV OTT		•	Exclusive FTA,
	spectrum.			subscribers.			Box.			Pay channels
•	Distribute									and VODs at
								affordable price.
	Android TV OTT
	Box

• TV anywhere for MVN subscribers.
• Vision+ has 1.3 mio paid subs and over 29 mio MAU.
• Live TV, catch up TV, library, VOD, and original content, both short and mid form.
• Running on both AVOD and SVOD model.

•	Broadening	•	Produces and
	reach of MVN to		operates 12 pay
	untapped Pay-		channels.
	TV Market all	•	Produces
	over Indonesia.
		original content
•	LCO Partnership		suited for digital
	through		platform (short
	digitalization or		and medium
	content		form content).
	licensing &	•	MNC Channels
	acquisition
		has produced
•	Drive		over 63,000
	subscriptions by		hours of in -
	supplying LCO		house content
	with MNC		since its
	Group superior		inception.

• premium content

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MNC Vision - Quality Focused And Continuous Cost Efficiency

• MNC Vision provides DTH-based Pay TV services in Indonesia with 2.1 mio subscribers, which represents 90% market share. Capturing massive market opportunity in an archipelago.
• Subscriber's growth will be focused on reaching broader segments in tier 2 and tier 3 cities (70% of total households in Indonesia) and LCO (local cable operator) acquisitions to expand DTH market share.
• Hidden Treasure: Monetization of 5G and LTE Spectrum (150 Mhz).
• Distribute Android TV OTT Box.

Revamping MNC Vision Business Model - Sale of STB/Equipment

1. New customer acquisition to purchase STB/equipment for a more efficient operational expenditure.
2. Reduce costs of STB/equipment, viewing card/CAS, outdoor unit, and low noise block (LNB) by at least 25%, which enables the Company to sell the equipment for $31/set, from $44/set.
3. This model will decrease overhead cost, such as sales, technical, and other related expenses.
4. Sale of STB leads to higher revenue and healthier cash flow.
5. Starting November, MVN has transitioned into selling its equipment to customers and will be fully implemented within 6 months.
6. Acquisition target: 2000 new subscribers per day - upon the full implementation of the new model.

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K Vision - Pay TV Platform for the Mass Market

(in thousands)	•	Prepaid	Pay TV,	which	captures
		mass market in Indonesia with 20+
		mio target homes that can
		potentially be a subscriber.
	• Acquires	9,000	- 10,000 new
		subscribers on a daily basis with
		more than 3.8 million subscribers
		as of August 2020.
	•	LCO	Partnership	through
		digitalization	and	content
		licensing.

• QR Link to ramp up voucher sales to Rp50 - 60 bio/month

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Fixed Broadband and IPTV

Coverage Expansion For Extensive Growth

• MNC Play is the 3rd largest broadband and IPTV operator with close to 1.5 million home pass and 290,000 subscribers since its inception in 2014.
• Secured various partnership with neutral network providers to expand its home pass network that lower capex and opex requirement in the future and allows the Company to focus on the delivery of its services (internet & IPTV)
• Distribute Android TV OTT Box.

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Penetrating Untapped Pay-TV Market Through LCO Partnership and Acquisition

No of Registered LCO: 417

LCO PARTNERSHIP - METHODS

LCO Acquisition	OR	Digitalization/Content
Licensing

• In May 2020, MVN completed its first LCO acquisition located in Batam, Kepulauan Riau.
• There are many cable operators that obtain MNC Group's channels illegally and redistributing it in their own region. Acquiring these LCOs will help to prevent piracy and broaden MVN networks. This strategy lets the Company gain stronger presence in those areas
• By supplying MVN's content to local cable operators, it will help them better perform and grow rapidly in their respective region.
• Target LCO Partnership (subs based): 2 million subscribers

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Vision+ - TV Anywhere, Anytime

• As a TV anywhere, Vision+ is a SVOD business model offered together with the services provided by MNC Vision & K-Vision (DTH), MNC Play, and Playbox (android TV OTT box
• The OTT platform comprise of more than 130 live and 80 catch-up channels, with access to thousands of on-demand content, both original and third party content.
• Today, Vision+ has 1.3 mio paid subscribers and over 29 mio monthly active user (MAU).

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MNC Channels: Largest in in-house production and number of channels in Indonesia

FTA	IN-HOUSE PRODUCTION
(available exclusively on
	(hours)
MVN's Pay TV Platforms)
			No	Channel	Total
			1	Kids	3,091.7
			2	Music	20,529.5
			3	Auto Gadget	2,467
			4	Infotainment	3,960
			5	Travel & Homes	5,280.5
			6	Muslim	5,860.9
			7	Lifestyle & Fashion	1,827.8
			8	Sport	2,281
			9	Soccer	1,348.3
			10	MNC News	249
				Total Hours	63,345.9

Data as of June 2020

MVN produces and operates 12 pay channels from various genres for

Pay TV/IPTV/OTT viewers.

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1. Corporate Overview
2. Media
3. Financial Services
4. Entertainment, Lifestyle Property & Hospitality
5. Corporate Financial Highlights

PT MNC Kapital Indonesia Tbk (MNC Financial Services)

Corporate Structure

MNC Kapital Indonesia is the most diversified and integrated financial services groups in Indonesia with eight fully licensed operating subsidiaries (one in the process of obtaining the license), active in banking, multi-finance, securities, leasing, general insurance, life insurance, asset management, financial technology and payment gateway.

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Digital Initiatives - Motion

MNC Bank - Mobile/Digital Banking

• New mobile banking (went live in August 2020)
• 1. Biometric login (fingerprint, face detection)
  2. Transfer (MNC Bank Account, Online, SKN, RTGS & Virtual Account)
  3. Top up SPIN and other e-money
  4. Biller integration and payment
  5. Realtime notification
• Open Banking (under development)
• 1. Digital core banking
  2. Automatic onboarding with E-KYC
  3. Savings, credit card and loan application are all in one integrated platform
  4. QRIS features for online and offline payment
  5. Transfer/top up with foreign currency
  6. Open API programing to enable connectivity to external parties

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Digital Initiatives - Hario

MNC Life x MNC Insurance - Digital-based Insurance App

• New features (went live in March 2020)
• 1. Additional products: education (Hario Pintar), retiree (Hario Pensiun) and COVID-19 coverage; on top of existing products: accident (Hario Siaga), health (Hario Sehat) and life (Hario Sejahtera)
  2. Push notification, autofill and video content
  3. Available in iOS platform
• Future features (went live in the end of August 2020)
• 1. Additional products in synergy with MNC Insurance: house (MNC Home Express), motor vehicle (MNC Total Care) and travel (MNC Travel Express)
  2. QRIS transaction (collaboration with SPIN)
  3. Online claim
  4. Live chat
  5. Loyalty rewards

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Digital Initiatives - MNC Trade

MNC Sekuritas - additional features as Online APERD

(Mutual Fund Sales Agent)

• Phase 1 - Additional mutual funds products from MNC Asset Management (target completion: end of August 2020, go live subject to OJK's approval)
• 1. Limited to MNC Asset Management products
  2. Transaction: subscribe and redeem
  3. Information: list of products, portfolio's profit/loss, NAV and char
  4. Separate portfolio between stock and mutual fund
• Phase 2 - Online APERD for various mutual funds (2.5 months after phase 1)
• 1. Support other asset management products
  2. Risk profile on opening account
  3. Transaction: auto-sweep
  4. Information: product comparation
  5. Mutual fund portfolio as collateral for additional trading limit
  6. Automation process back office & regulatory report

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Digital Initiatives - MNC Duit

MNC Asset Management - Online Mutual Fund

• Upgrading MNC Duit to service APERD, financial consultants and institution; in addition to current available for retail clients. All in one integrated platform
• • Phase 1
  • • Online opening account
    • Subscription
    • Balance inquiry
    • Historical transaction
    • Redemption and switching
    • Financial calculator
  • Phase 2
  • • Auto investment
    • Direct transaction
    • Live chat
    • Loyalty Points (with SPIN)

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Digital Initiatives - SPIN

MNC Teknologi Nusantara - e-Money,e-wallet, digital

remittance

• New features (went live in May 2020)
• 1. QRIS transaction on TV
  2. From "SPIN Cash" to cash advance via banks
• Future features (target live in Q4 2020)
• 1. Loyalty programs: SPIN Points, vouchers, special offers
  2. More competitive prices for mobile credit, mobile internet packages, electricity and water payments
  3. Direct host to host with major Banks for low cost top up, cash out and transfer from and to major banks
  4. Live chat
  5. Co-brandingwith other digital apps of MNC Group

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In the Pipeline - P2P Lending

• Broader/nationwide customer-base with digital on- boarding
• As channeling agent for MNC Bank, MNC Finance and MNC Leasing
• Leverage MNC Group's ecosystem to minimize risks
• Implement AI based credit scoring using MNC Group's big data and analytics

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In the Pipeline - Payment Gateway

• Acquired this year, Flash Mobile is a payment gateway and biller aggregator company. Expected to be fully licensed this year, Flash Mobile is underway for PCI DSS (highest security standard certification)
• Flash Mobile serves as the most integrated payment gateway and biller aggregator both for MNC Group, and soon for external partners as well

Payment Gateway is a service provider that authorizes credit/debit cards, e-money or direct payments processing for e-businesses and online retailers

Biller aggregator is payment switching that connect between billers and customers using third party networking system such as banks, convenience stores, e-commerce and many more

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Digital MNC Financial Services Blueprint

• MNC Bank, MNC Leasing and MNC Finance will use available funds or funds received from venture capital to channel loans from P2P lending platform and equity crowdfunding (ECF), where SPIN and Motion users can also participate as individual lender/investor

• MNC Sekuritas can help their ECF companies to grow the business until IPO

• SPIN will act as the financial deepening agent for Motion and other digital platforms to get new customers (combined account opening)

• Hario, MNC Trade and MNC DUIT as insurtech and investment app will provide embedded financial products, ie: auto invest and cross sell, to support users manage their financial

• Flash Mobile will act as the payment gateway, biller management, big data, and identity management.

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Group Loyalty system to connect MNC Group

• The loyalty points will unify all MNC Group's point systems and redemption

• Customers earn points on every transaction, which can be redeemed to increase attachment, engagement and loyalty to stay within MNC Group's ecosystem

• With our large customer base, MNC Group loyalty points enable cross-selling, upselling and support event driven offering, which in turn will generate better customer behavior insights and real time analytics

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1. Corporate Overview
2. Media
3. Financial Services
4. Entertainment, Lifestyle Property & Hospitality
5. Corporate Financial Highlights

MNC Land Corporate Structure

MNC LIDO CITY	MNC BALI RESORT
TRUMP INTERNATIONAL LIDO	TRUMP INTERNATIONAL BALI

MNC WORLDTM LIDO

OTHER DEVELOPMENTS

• Transit Oriented Development
• MNC World Gardens
• Bodogol National Park
• Residentials

HOSPITALITY & OTHERS

HOSPITALITY

OFFICE BUILDING

- High End Building -	Sindo Building
- MNC College	-	Indovision Bali Building
- BEI Surabaya	-	Sopodel (5 Floors)

APARTMENT

PROPERTY SERVICES

- Property Management Service & Co-working

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MNC Lido City

Phase 1 Masterplan

Phase 1 Masterplan

± 700 ha

1	TRUMP International Golf Course
2	TRUMP Country Club & Hotel
3	TRUMP Residential Villas
4	Lido Lake Resort
5	MNC ParkTM (w/ MSIN*)
6	Retail Dining Entertainment (w/ 3rd Party)
7	Hotel & MICE (w/ 3rd Party)
8	TOD (w/ 3rd Party)
9	MNC University
10	MNC Office Park (w/ 3rd Party)
11	MNC Music Festival (by MSIN*)
12	Movie Land (by MSIN*)
13	MNC World Gardens
14	Residential Development (w/ 3rd Party)

Direct Access From Toll Road

Access From Toll Road to

Sukabumi Road

Next expansion of 2,300 ha including Moto GP Circuit, 2nd Golf Course and many more with opportunity to partner with third parties

*MSIN: PT MNC Studios International Tbk

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MNC Lido City

Portfolio Summary - Trump International Lido

Total Gross

250 ha

Including:

40 ha

Trump International Resort

82 ha

Trump International Golf

9.5 ha

Trump International Golf

Club

105 ha

Trump International

Residences

Portfolio highlights:

1. Trump International Resort Lido
2. • 120 roomkeys, 6-star
   • 24/7 lifestyle concierge and personalized service
   • Restaurant and bar, spa & fitness center, meeting and conference facilities
   • Trump standard of excellence
3. Trump International Golf Course and Country Club Lido
4. • 18 hole PGA Standard
   • An ultra-exclusive golf & country club with GFA of more than 36,000 sqm
   • Club designed by Oppenheim Architecture
   • Golf course designed by Ernie Els
   • Golf course construction progress: 70%
5. Trump International Residences Lido
6. • 281 units of 3BR to 8BR luxury villas
   • 180 units of 2BR to 4BR condominium
   • Designed by Oppenheim Architecture and HBA

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MNC Lido City

Trump International Lido

Trump International Resort	Trump International Golf Club

Trump International Residences

OFFICIAL PARTNERSHIP WITH:

© MNC LAND 2020. ALL RIGHTS RESERVED.

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MNC Lido City

Portfolio Summary - MNC ParkTM, MNC WorldTM, Movie Land & Music Festival Venue

Total Gross

114.4 ha

Including:

65.6 ha

MNC ParkTM

48.8 ha

MNC WorldTM

21 ha

Movie Land

5.7 ha

Music Festival Venue

Portfolio highlights:

1. MNC ParkTM

• Introducing the first international scale theme park in Indonesia which features: 6 themed lands, 23 rides & attractions, 6 shows, 17 F&B concepts, 18 retail concepts, 1 multipurpose event hall
• A host of new characters from the next generation of MNC Animation
• Building on a Synergistic Business Model across the Group to drive revenue as well as implementing cross selling and cross promotion with other group's products and services (both media and financial services)

1. MNC WorldTM

• Retail and Dining: specialty shopping, dining, and entertainment hotspot
  with a wide range of daytime and nighttime activities, including: avenue of stars, live broadcasts, celebrity appearances, live music, etc
• Hotels: uniquely themed resort hotels to cater different audiences and price points; 1,400 4-star+ rooms plus 800 3-star rooms adjacent to the resort with integrated convention center featuring a ballroom and meeting room facilities to drive MICE business and weekday occupancy

3. Movie Land and Music Festival Venue

• Movie Land: First independent movie production complex in Indonesia with large range of background setting from nature to city
• Music Festival Venue: 5 main stages, outdoor theatre, amphitheatre, music & art festival, international music event, café & retail with monorail access

41

MNC Lido City

MNC ParkTM, MNC WorldTM, Movie Land & Music Festival Venue

MNC ParkTM

MNC WorldTM

Movie Land

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42

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MNC Lido City

Portfolio Summary - Lido Lake Resort

Total Gross

4.5 ha

Including

3.4 ha

Lido Lake Resort and

Convention Center

1.1 ha

Lido Lake Resort

Extension

Portfolio highlights:

1. Lido Lake Resort and Convention Center
2. • Approx. 60 km or an hour drive from Jakarta
   • 101 rooms with sizes ranging from 32 sqm to 180 sqm
   • The hotel went through a major renovation in 2017 and was soft opened in November 2018
   • Facilities and event Space: 2 Ballrooms and 3 meeting rooms with total capacity of up to 500 pax, outbound facilities, wedding venue
   • Received Certificate of Excellence 2019 from TripAdvisor.
3. Lido Lake Resort Extension
4. • Additional 125 rooms
   • Facilities and event Space: Water Leisure Activities, wedding venue, meeting venue, ballroom

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MNC Lido City

Lido Lake Development

LIDO LAKE

DEVELOPMENT

• SOEKARNO PARK

- Orange Pergola Restaurant

- Retail & Food Court

- Soekarno Villa Coffee Shop

- Soekarno Villa Preserved

Building

- Lakeside Pool

• LIDO LAKE ADVENTURE PARK

A. Paintball Zone

B. Highrope Course

C. Tree House

D. Kayak Harbour

E. Archery Shoot

F. Kids Playground

G. Sky Bike

H. Flying Fox Landing | 260 m

I. Lido Lake Hotel

J. Lido Lake Hotel 2

K. Soekarno Park

• The biggest outbound facilities in Indonesia with more than 60

games

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MNC Lido City

Transit Oriented Development (TOD)

• Total Area: 7 Ha

• Integrated Transportation Modes: 1. Train Station

2. Bus Terminal

• Commercial area

• 3 Apartment towers

• Estimated construction commencement: 2020

• To be developed in cooperation with third parties

© MNC LAND 2019. ALL RIGHTS RESERVED.

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MNC Lido City

Bodogol National Park

NATURE ACTIVITIES PROGRAM

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MNC Lido City

Development Progress

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MNC Bali Resort

Portfolio Summary

Total Gross

107 ha

Including:

14.3 ha

Trump International Resort

54 ha

Trump International Golf

Club

8,397 m2

Trump Beach Club

14 ha

Trump International

Residences

Portfolio highlights:

1. Trump International Resort Bali
2. • 151 roomkeys of suites and villas
   • Trump International Resort, a 6-star Hotel providing the Finest Expression of Glamour, Luxury and Service
3. Trump International Golf Club Bali
4. • A top course in Asia designed by Phil Mickelson (18 holes - Par 72)
   • Home of International Golf Events
   • Signature hole facing the Tanah Lot and Indian ocean
   • An ultra-exclusive golf club providing state-of-the-art facilities, orchestrated by a 24/7 lifestyle concierge
   • GFA Golf Club: 8,653 m2
5. Trump Beach Club Bali
6. • Features a state-of-the-art Trump Beach Club Bali designed to present a 360-degree view of the Indian Ocean
   • Total GFA: 8,397 sqm
   • Planned Facilities: Beach Club Restaurant , Swim - Up Bar, Pool Bar, Cigar & Cognac Lounge, Delicatessen, Beach Club & Deck, Cabanas, VIP Lounge, Swimming pool, DJ booth, White sand pit, Amphitheater
7. Trump International Residences Bali
8. • 144 units of 3BR to 5BR Luxury Villas
   • 223 units of 1BR to 2BR Condominium
   • Designed by Oppenheim Architecture and HBA

48

MNC Bali Resort

Masterplan

The largest and most integrated lifestyle resort development in Bali,

MNC Bali Resort with a total area of 107 ha

1. Hotel and Beach Club
2. Golf Club
3. Golf Course
4. Luxury Villa
5. BOH
6. Condo
7. Landbank
8. Toll Road

6

• According to BPJT (Toll Road Regulatory

Agency), our site will be near the newly

8planned toll road in Bali that connects Kuta to Gilimanuk.

• The completion of the new toll road will

	be in line with the completion of our
7	project.

5

2 3

3

• Via the new toll road, Kuta - Canggu - Tanah Lot can be reached in 20 minutes

Gilimanuk

1

4

Pekutatan

MNC Bali Resort

4

Planned Toll Road Kuta -	49
Gilimanuk

MNC Bali Resort

Masterplan

Trump International Resort	Trump International Golf Club

Trump Beach Club

Trump International Residences

50

MNC Bali Resort

Development Progress

51

Hospitality & Others

Portfolio Summary

Total Gross

430,000 m2

NLA

346,600 m2

Including:

5,800 m2

Co-working Space

Note:

Owned

Gross: 197,000 m2 NLA: 121,500 m2

MICE

24,000 m2

(both offices and hospitality)

• Hospitality and others segment includes our hotel resorts, office buildings, and co-working. Development is intended to maximize the utility of our land banks that are all located in the prime area in both Jakarta and Surabaya. Thus, in the past 5 years MNC Land has developed MNC Financial Center, BEI Surabaya, Oakwood/One East and Park Tower & Park Hyatt Jakarta.
• The portfolio has generated sizable recurring income with high occupancy and competitive rent supported by the captive market from MNC Group as well as external customers.
• Jakarta Office Portfolio highlights:
  1. MNC Center in Kebon Sirih, Central Jakarta
• • OfficeAn integratedBuildingmixed use complex with approx. 5 ha land area
  • Strategic location near CBD, Government's offices and embassies
  • Latest addition is Park Tower Jakarta, a premium Grade-A office
  • Jakarta Concert Hall (capacity of 1,024 pax)
  • MNC Conference Hall (capacity of 455 pax)

  2. MNC Studios in West Jakarta

  • A total area of 12 ha
  • The largest broadcast & production facilities in South East Asia
• Surabaya Office Portfolio highlights:

BEI Surabaya

Strategic location in central Surabaya

Anchor tenant: BEI/IDX (Indonesian Stock Exchange)

Entertainment Center

52

Hospitality & Others

Office Building

Location: MNC Center, Kebon Sirih, Central Jakarta

	MNC Tower & Plaza	MNC Financial Center	High End Building	iNews Tower*	Sindo Building	Park Tower Jakarta
		Location: West Jakarta			Location: Bali & Surabaya, East Java

						Indovision Bali Building	BEI Building
	MNC Studios*	MNC College	MNC Vision Tower*

* The property is owned by MNC Group, MNC Land is the project manager and building manager of the Property	53

Hospitality & Others

The Westin Resort and BICC

• Location: ITDC complex in Nusa Dua area and approx. 13 km or 30 minutes away from Ngurah Rai International Airport.
• 5-starHotel Resort with total room keys of 433 rooms with sizes ranging from 38 sqm to 171 sqm.
• Latest awards: Best Family Hotel by Exquisite Awards 2018, Best Conference Hotel in Asia, Ranked #9 by Smart Travel Asia 2018 Best Travel Poll, Luxury Wellness Spa for Heavenly Spa, Regional Winner by World Luxury Spa Awards 2018.
• MICE facilities with a total area of ~15,700 m2, largest convention hall: 2,394 m2 with capacity of up to 2,500 pax.
• Hosted Events: Miss World 2013, APEC CEO Summit Indonesia 2013 and IMF-World Bank Meeting 2018, Indonesia Africa Infrastructure Dialogue 2019.

54

Hospitality & Others

Oakwood Hotel & Residence

• Location: Kertajaya Indah, an elite area in Surabaya, East Java
• 5-starHotel with total room keys of 144 rooms with sizes ranging from 44 sqm to 110 sqm.
• Managed by Oakwood, an award-winning and the largest serviced apartment operator in the world.
• Grand opening of the hotel was held on 9 September 2019.
• Supporting facilities: sky lounge, kids room, skypool, private cinema and fitness center.
• Event Space: Grand Ballroom with total capacity of up to 500 pax.

55

Hospitality & Others

Park Hyatt Jakarta

• The first and the only Park Hyatt brand hotel in Indonesia
• Location: MNC Center, Central Jakarta, very close to Governments' offices and embassies, CBD Jakarta and elite residential landmark of Menteng.
• 6-starHotel with total room keys of 222 rooms with sizes ranging from 57 sqm to 317 sqm.
• Supporting facilities: Ballroom, Meeting rooms, Spa and Fitness Center as well as world-class dining and entertainment experience.
• Target opening: 2020.

56

Hospitality & Others

New Venture: Co-working Space

• The initiation to launch a new business venture in Co-working Space is in line with high demand for co-working space and virtual office. Last year alone, a research by Jones Lang LaSalle (JLL) shows that virtual and co-working space absorbed 33% of total office space requests in 2018 and the demand is expected to further increase this year.
• The 1st Co-working space area in Park Tower was soft opened on 1 October 2019, in collaboration with Kolega.
• Supporting facilities including state-of-the-art Leisure space, Event space, and Meeting room.
• Next in the pipeline: GoWork co-working space soon to be opened in BEI Building Surabaya.

57

1. Corporate Overview
2. Media
3. Financial Services
4. Entertainment, Lifestyle Property & Hospitality
5. Corporate Financial Highlights

CONSOLIDATED STATEMENTS OF PROFIT OR LOSS 1H 2020 (UNAUDITED) AND 1H 2019 (UNAUDITED)

Ads - Non

Digital

37%

Others

5%

Financial

Institutions

17%

Pay TV and

Broadband

24%

in million Rupiah						1H2020			1H2019
Profit and Loss
Net Revenues			7.148.054	7.827.108
Gross profit			526.429	1.344.694
Net income			284.365	1.030.524
Total net income (loss) attributable to :
- Owners of the company			(480.233)	261.027
- Non-controlling interests			764.598	769.497
Total comprehensive income			250.568	1.196.056
Total comprehensive income (loss) attributable to :
- Owners of the company			(479.926)	364.080
- Non-controlling interests			730.494	831.976
Earnings (loss) per share (in full Rupiah)					(7,16)		5,10
1H 2020 Revenue Contribution		9.000.000		7.827.108
		8.000.000
			7.148.054
Ads - Digital	Rupiah	7.000.000
6%	6.000.000
	5.000.000
	in Billion	4.000.000					2.783.824
	3.000.000					2.545.097		1.952.295
		2.000.000									1.707.690
Content
	1.000.000
11%
	0
						Revenues			EBITDA		Income from operations

1H2019 1H2020

59

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION 1H 2020 (UNAUDITED) AND FY 2019 (AUDITED)

in million Rupiah		1H2020		FY2019
Balance Sheet
Total assets	56.499.507	57.613.499
Total liabilities	26.611.962	28.781.322
Total equity		29.887.545		28.832.177
Ratios	-	-
Profit (loss) to assets ratio (%)	1,01	3,62
Profit (loss) to equity ratio (%)	1,90	7,24
Profit (loss) to revenues ratio (%)	3,98	13,08
Current ratio (%)	119,27	108,82
Liabilities to equity ratio	0,89	1,00
Liabilities to assets ratio		0,47		0,50

	70.000
	60.000	57.613	56.500
Rupiah	50.000
40.000
Billionin						29.888
30.000		28.781	26.612	28.832
	20.000
	10.000
	-
		Assets	Liabilities	Equity
			FY2019		1H2020		60

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

FY2015 - 2019 (AUDITED)

in million Rupiah		2019		2018		2017		2016		2015
Profit and Loss
Net Revenues	15.967.376	14.725.851	13.580.269	12.894.525	12.878.191
Gross profit	7.764.004	7.163.896	5.757.191	5.130.930	4.655.262
Net income	2.087.823	945.195	524.708	847.943	(570.323)
Total net income attributable to :
- Owners of the company	430.814	86.353	148.619	232.931	(845.752)
- Non-controlling interests	1.657.009	858.842	376.089	615.012	275.429
Total comprehensive income	2.171.828	994.169	398.227	810.489	(445.428)
Total comprehensive income attributable to :
- Owners of the company	504.582	152.067	65.875	210.325	(714.054)
- Non-controlling interests	1.667.246	842.102	332.352	600.164	268.626
Earnings (loss) per share (in full Rupiah)	7,45	1,78	3,14	5,50	(22,02)
Balance Sheet
Total assets	57.613.499	56.421.973	56.523.811	55.292.949	53.299.268
Total liabilities	28.781.322	31.925.209	32.437.621	31.129.457	30.464.913
Total equity		28.832.177		24.496.764		24.086.190		24.163.492		22.834.355
Ratios	-	-	-	-	-
Profit (loss) to assets ratio (%)	3,62	1,68	0,93	1,53	(1,07)
Profit (loss) to equity ratio (%)	7,24	3,86	2,18	3,51	(2,50)
Profit (loss) to revenues ratio (%)	13,08	6,42	3,86	6,58	(4,43)
Current ratio (%) → assets / liabilities	108,82	111,72	97,60	108,08	111,55
Liabilities to equity ratio	1,00	1,30	1,35	1,29	1,33
Liabilities to assets ratio	0,50	0,57	0,57	0,56	0,57

61

Thank You	PT MNC Investama Tbk
MNC Financial Center 21st Floor
Jl. Kebon Sirih No. 21-27 Jakarta 10340, Indonesia
	Tel. [phone]
	Fax. [phone]
	Email: [e-mail]
	www.mncgroup.com